K3 - Other Substantive Areas of Law

• The Impact of Bankruptcy Reform on Insolvency Choice and Consumer Credit

  Staff Working Paper 2016-26 Jason Allen, Kiana Basiri

  We examine the impact of the 2009 amendments to the Canadian Bankruptcy and Insolvency Act on insolvency decisions. Rule changes steered debtors out of division I proposals and into the more cost-effective division II proposals.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): Credit and credit aggregates, Financial Institutions, Financial system regulation and policies JEL Code(s): D, D1, D14, G, G2, K, K3, K35